Miami, FL — income, home value, property tax, and sales tax.
In ZIP 33012, near Miami, households earn a median of $51,450, while per-capita income sits at $25,523. A median home value of $395,200 carries a county-level property tax rate of 0.81%. Combined with a 7.00% sales tax, these figures sketch a market where housing prices run high against local earnings, and everyday purchases carry a noticeable tax add-on. The gap between median income and home value is the central tension here: buying at the middle of the market would demand a substantial stretch for a household earning around $51,000 a year.
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